Page 16 - EurOil Week 36 2021

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global advantage of the company’s troubles to push
(NRG), in which the reader is invited to join for access to the European gas market.
our team of international editors, who provide a
snapshot of some of the key issues affecting their GLNG: Indian Firms Reportedly In Talks Over
regional beats. We hope you will like NRG's new Arctic LNG 2 Stake
concise format, but by clicking on the headline Two Indian companies, Petronet LNG and
link for each section the full text will be available ONGC Videsh Ltd (OVL), are reportedly in
as before. discussions about buying a stake in Russia’s
Arctic LNG 2 project, which is being devel-
AfrOil: Another East African pipeline faces oped by Novatek.
ESG challenges The talks are centred on a 9.9% stake in the
Josphat Nanok, the governor of Kenya’s Turkana liquefaction project, Bloomberg reported this
county, and James Lomenen Ekomwa, a mem- week. No final decisions are reported to have
ber of Kenya’s Parliament representing Turkana been made as yet, and none of the companies
South, have criticised the government’s approach have commented publicly on the matter.
to acquiring land for the Lokichar-Lamu Crude
Oil Pipeline (LLCOP) project. LatAmOil: Chile Moving Ahead With Green
Nanok recently alleged that Kenya’s National Hydrogen Project
Land Commission (NLC) had begun acquiring The backers of a green hydrogen project
land on behalf of the State Department of Petro- in Chile are said to have already arranged
leum and Mining in violation of the country’s con- to sell more than half of their initial
stitution and existing body of law. production.
According to Argus Media, GNL Quin-
AsianOil: McDermott Installs Platform Off- tero, the operator of Chile’s Quintero LNG
shore Vietnam terminal, and its Spanish partners Enagas
International service provider McDermott has and Acciona Energía have signed preliminary
successfully installed a production platform off-take agreements with several customers.
over the Sao Vang and Dai Nguyet (SVDN) gas These agreements cover 70% of the hydrogen
and condensate field in Vietnam’s offshore Nam that the plant will produce in its first stage
Con Son Basin. of operation, said an executive close to the
McDermott said on September 2 that as the project.
project’s subcontractor it had transported and
installed the central processing platform jacket, MEOG: ADNOC Drilling To List
wellhead service deck and topside floatover. This week’s MEOG looks at ADNOC
Drilling’s IPO plan and another attack on
DMEA: More Clean Fuels Progress Aramco.
This week’s DMEA covers the commission- The drilling arm of Abu Dhabi National
ing of more refining units in Kuwait and con- Oil Co. (ADNOC) announced this week that
tracts for Angola’s new import terminal. it intends to list on the local stock exchange,
State-owned Kuwait National Petroleum with the parent firm to sell a minimum of
Corp. (KNPC) this week announced that it 7.5% in the company.
had launched three more units at its 454,000
barrel per day (bpd) Mina Abdullah refinery NorthAmOil: Chevron Reportedly Seeking
as it nears the full launch of its giant Clean To Exit Eagle Ford
Fuels Project (CFP). Super-major Chevron is seeking a sale of its
assets in the Eagle Ford shale play in Texas
FSUOGM: Gazprom Rides The Price Surge as part of efforts to regularly review its See the archive and
Russia’s national gas champion Gazprom is on portfolio. sign up to receive
track to pay out record dividends this year, The news was reported by Reuters, which *NRG Editor’s Picks*
after riding the surge in European gas prices cited sources familiar with the matter, as well for free by email each
during recent months. But despite its financial as a marketing document it had seen. Reuters week here
numbers, Gazprom faces risks ahead, with the added that a Chevron spokesman had con-
fate of its Nord Stream 2 pipeline still hang- firmed that the company was marketing the
ing in the balance, while its rival Rosneft takes assets.

P16 www. NEWSBASE .com Week 36 09•September•2021